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2024 Canada Income Tax Calculator

Plug in a few numbers and we’ll give you visibility into your tax bracket, marginal tax rate, average tax rate, and payroll tax deductions, along with an estimate of your tax refunds and taxes owed in 2024.

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Employment income and taxable benefits.
Business, professional, commission, partnership, fishing, and farming income.
Keep in mind RRSP and FHSA contributions are subject to annual contribution and deduction limits.
The total amount of your capital gains realized before June 25, 2024. Half of this amount is included in income.
The total amount of your capital gains realized on June 25, 2024 and later. Half of the first $250,000 of this amount is included in income. Two-thirds of anything above $250,000 is included in income.
In general, these are dividends received from public Canadian companies. Enter the actual amount of dividends received.
In general, these are dividends received from private Canadian companies. Enter the actual amount of dividends received.
All other income (like rental income, interest, CERB, CESB, EI, CPP, and OAS).
For example, taxes deducted from your paycheque. Don't include CPP/EI.

Your Results

  • Total income
    Total income entered.
    $0
  • Total tax
    $0
    Federal Tax
    Federal tax owing.
    $0
    Provincial Tax
    Provincial tax owing.
    $0
  • After-tax income
    Total income after tax.
    $0
  • Average tax rate
    Total tax divided by total income.
    0.00%
    Marginal tax rate
    Incremental tax paid on incremental income.
    0.00%

Summary

Please enter your income, deductions, gains, dividends, and taxes paid to get a summary of your results.

These calculations are approximate and include the following non-refundable tax credits: the basic personal tax amount, CPP/QPP, QPIP, and EI premiums, and the Canada employment amount. After-tax income is your total income net of federal tax, provincial tax, and payroll tax. Rates are current as of July 30, 2024.